STEPHEN ALLEN NEAL is currently employed as a Broker and/or Investment Adviser at COKER & PALMER located at 909 Poydras, Suite 1580, New Orleans, LA, 70112.
STEPHEN ALLEN NEAL has worked at COKER & PALMER since August 02, 2016
Disclosure History
STEPHEN ALLEN NEAL has 1 Disclosure Event(s).
Date: June 07, 1995 Category: Customer Dispute Allegations: IN THE SUMMER OF 1991 ENERGY FACTORS INCALLEGED THAT STEVE NEAL AND OTHERS VIOLATED STATE AND FEDERALLAW BY ENJOYING INSIDER TRADING WHEN SOUTHCOAST ACTED AS AGENTFOR FOUR INSTITUTIONAL INVESTORS IN PURCHASING STOCK OF NUEVOENERGY COMPANY FIRM ENERGY FACTORS ON FEBRUARY 28, 1991. ENERGYFACTORS FILED SUIT FOR MORE THAN $1,000,000 IN COMPENSATORYDAMAGES, PLUS INTEREST, AN UNSPECIFIED AMOUNT OF PUNITIVEDAMAGES AND ATTORNEYS FEE. Damage Amount Requested: $1,000,000.00 Damages Granted: $500,000.00 Broker Comment: ON JUNE 7 1995 A NYSE PANEL, WITHOUT EXPLAININGTHE BASIS FOR ITS DECISION, AWARDED ENERGY FACTORS $500,000 INCOMPENSATORY DAMAGES AND INTEREST, REJECTED THE REMAININGCLAIMS, AND ORDERED ENERGY FACTORS TO SPLIT PAYMENT OF THEFORUM FEES AND COSTS WITH SOUTHCOAST DEFENDANTS.AT THE TIME OF ENERGY FACTORS SALE, SOUTHCAOSTCAPITAL HAD A "BUY" RECOMMENDATION IN NUEVO STOCK AND WAS PUTIN TOUCH WITH ENERGY FACTORS BY THE PRESIDENT OF NUEVO. WHENTHE PRICE OF NUEVO STOCK SUBSEQUENTLY INCREASED, ENERGY FACTORSFILED SUIT FOR MORE THAN $1,000,000 IN COMPENSATORY DAMAGES.
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